Facebook to reverse news ban on Australian sites, government amends code

"The government has been advised by Facebook that it intends to restore Australian news pages in the coming days," a statement from the ministers said.

In the statement, Mr Frydenberg and Mr Fletcher said the government would make further amendments to the news media bargaining code.

Facebook said in a statement that it was "pleased" the company was able to reach an agreement with the government.

"[We] appreciate the constructive discussions we've had with Treasurer Frydenberg and Minister Fletcher over the past week," it said.

"After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognise the value our platform provides to publishers relative to the value we receive from them."

Breaking | More to come.